Daily Archives: January 31, 2017

Space Florida Names FedEx Preferred Logistics Provider

Space Florida Names FedEx Preferred Logistics ProviderFedEx Express Aircraft to Operate at Kennedy Space CenterMEMPHIS, Tenn., Feb. 1, 2017—Space Florida today announced that it has named FedEx as its preferred provider of logistics, transportation and cargo related services. Space Florida maintains and operates the historic launch and landing strip—15,000 feet long and 300 feet wide—at the Shuttle Landing Facility at Kennedy Space Center (KSC). With the commercial Space industry growing at such

By | 2017-01-31T23:53:00+00:00 January 31st, 2017|shippers|0 Comments

Chairman and CEO Frederick W. Smith Testifies on 21st Century Infrastructure

Chairman and CEO Frederick W. Smith Testifies on 21st Century Infrastructure“We are at a critical crossroad, given the economic challenges that face our nation. If we want to maintain the U.S.’ status as a global economic and policy leader, we must work together on policy and infrastructure solutions that will modernize and drive our economy forward,” Frederick W. Smith, Chairman and CEO of FedEx Corporation, told members of the House Transportation and Infrastructure Committee at a hearing toda

By | 2017-01-31T23:53:00+00:00 January 31st, 2017|shippers|0 Comments

The UPS Foundation Awards More Than $2.3 Million To Expand Global Volunteerism

US 02/01/17Atlanta, GAUPS Drives United Nations’ Sustainable DevelopmentGoals Through ServiceUPSers Hit Record 2.7 Million Employee Volunteer HoursThe UPS Foundation, which leads the global citizenship programs for UPS (NYSE: UPS), announced it is awarding grants totaling more than $2.3 million to non-profit organizations to increase global volunteerism. UPS is on track to meet its goal to contribute 20 million global volunteer hours by the end of 2020. The UPS Foundation also will award grants

By | 2017-01-31T23:53:00+00:00 January 31st, 2017|shippers|0 Comments

UPS Revenue Accelerates In 4Q And Produces Record $61 Billion For 2016

4Q 2016 operating loss of $570 million; adjusted operating profit was $1.3 billion. International Segment 4Q 2016 Adjusted4Q 2016 4Q 2015 Adjusted4Q 2015 Revenue $3,335 M $3,175 M Operating profit $281 M $706 M $580 M $624 MInternational segment produced strong volume growth across all major products. 4Q 2016 operating profit was $281 million; adjusted operating profit was $706 million. Currency-neutral revenue and revenue per piece are calculated by multiplying prior period reported U.S. dollar

By | 2017-02-01T10:39:21+00:00 January 31st, 2017|News, shippers, Shipping|0 Comments